The Latest Breaking News from Oliver Allen

Without AI spending, U.S. corporate investment in equipment would be negative, a decline that’s ‘worryingly broad-based,’ Pantheon analyst says

Consumer spending is affected too, because it is heavily driven by spending from wealthier demographics who have enjoyed stock market gains, often from tech stocks, Pantheon’s Oliver Allen says.

Fortune · Feb 23

7 ways Europe could hurt the U.S. if Trump doesn’t back down over Greenland

A comprehensive package of economic sanctions against the U.S. would increase price inflation in America.

Fortune · Jan 21

America saw 'essentially no job growth' last month, warns Moody's, and any roles added were in three wealthy states

Moody’s warns U.S. job growth has stalled as the shutdown halts official labor data, forcing Wall Street and the Fed to rely on patchy private reports.

Fortune · Oct 6, 2025

US Existing Home Sales See Biggest Drop Since 2022

Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on affordability for homebuyers.

International Business Times · Apr 24, 2025

Stock Market Today: Markets Tumble on DeepSeek Shock

A cheap AI chatbot from China disrupted the biggest U.S. tech companies.

Kiplinger · Jan 27, 2025

Stock Market Today: Stocks Rally on Strong Netflix Earnings

Mega-cap tech leads the charge as markets rise for a sixth straight week.

Kiplinger · Oct 18, 2024

Stock Market Today: Markets Slip on Hot Inflation Print, Layoff News

Economic data continues to complicate expectations for Federal Reserve rate cuts.

Kiplinger · Oct 10, 2024

Sales Of US Existing Homes Slip Slightly In August

Sales of previously owned US homes fell in August, according to industry data released Thursday, but lower mortgage rates and growing supply were likely to boost the industry.

International Business Times · Sep 19, 2024